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What does Preferential Location Charges mean?
Q: There are multiple costs one needs to pay while buying home. Apart from other costs, some builders also take an additional charge called the preferential location charge. Can anybody explain it?

preferential location charges
plc
what is plc?
additional charges on house
factors determining plc
Latest Answer: Hi Ashish, There are no standard rules or guidelines that determine PLC. Each developer and project has a different PLC amount and most of the luxury apartments located in a posh location have higher PLC based on each unit. Apart from the luxury projects, penthouses which are built on top of a tower or an independent villa with a wide road in front or garden facing, or corner plot etc. may also have a PLC.
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Preferential Location Charges
Q: There are multiple costs one needs to pay while buying his dream home. Besides other costs, some builders also take an additional charge called the preferential location charge (PLC). Can anybody explain this term?

preferential location charges
plc
factors determinig plc
what is plc?
Latest Answer: @Rajesh, Can a builder charge for the Vastu Complaint Homes? Is it too vary from city to city? Kindly reply?????
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Various costs for under construction properties
Q: Hey!!! i want to know the various cost involve in under construction properties.

edc
various cost for under construction properties
cost involve in under construction properties
buying an under construction properties in mumbai
builder cost
idc
plc
Latest Answer: Good afternoon Shefali!!!! Yes, the IDC varies from developer to developer and city to city, but can range anywhere between Rs 35-300/sq-ft. It is also important to know that some builders may term this charge differently and may just call it generator charge or BESCOM/BWSSB (in Bangalore) and MTNL and BSNL in Delhi/NCR or something else. EDC:- This is an important charge as EDC plus IDC in total accounts for nearly up to 10% of the overall base per sq-ft. price.
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